Community Development

community development

The Federal Reserve Bank of Boston promotes economic growth in lower-income communities by convening stakeholders, conducting research, and identifying approaches that work. Our current areas of focus are to: 1) strengthen the prospects of smaller industrial cities in New England; 2) advance household financial stability; 3) and promote workforce development.


Growing Inequality in Life Expectancy and Benefits for the ElderlyCommunities & Banking
Summer 2016
Low- and moderate-income issues in New England
Children's Savings AccountsChildren's Savings Accounts
Kick-starting success with savings for post-secondary education
The Community College Initiative
Helping students achieve financial stability with increased financial capabilities
color of wealth in bostonThe Color of Wealth in Boston
The economic well-being of several specific racial and ethnic groups by country of origin

News and Events

December 10, 2015
Leveraging Financial Education to Improve the Impact of Workforce Innovation and Opportunity Act (WIOA)"

October 22, 2015
The State of Small Business & Rural Development: Tools of the "Trade"

September 30, 2015
EconLowdown Webinar: Tools for Teaching Economic and Financial Literacy offsite
A presentation of education materials for enriching your students.

September 29, 2015
The Future of New England's Post-industrial Cities - 2015 Regional Convening

September 25, 2015
Community Development - Beyond The Basics: An Advanced Banker CRA Training Workshop

July 16, 2015
Racial Wealth Inequality at the Local and National Levels: Findings and Implications offsite
Federal Reserve System Connecting Communities® Webinar

July 15, 2015
The State of Rural Small Business: "Tools of the Trade" offsite
Gateway to community development resources from all 12 Federal Reserve Banks and the Federal Reserve Board of Governors

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Working Cities Challenge
The Central Premise